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Northern Rock says house prices in North continue to rise

House prices in the north of England increased by 0.7 per cent in the last quarter according to Northern Rock Building Society.

The survey of ten property types in ten areas found that the average price of a home in the region is now £57,300, representing a rise of £400 over the quarter and £2,050 over the year.

Regionally there were more increases than decreases in all ten areas.

North Yorkshire saw the highest quarterly rise increasing 1.7 per cent to £61,450. South Tyneside has risen by 7 per cent in the last year to £62,000, almost double the average regional increase of 3.7 per cent.


GT Global Income Trust to concentrate on UK equity

GT Invesco says it is confident that its Income Growth Trust is well positioned to improve performance following the &#39Asian crisis&#39 and economic collapse of Russia.Between March and September this year the fund manager&#39s Net Asset Value total return was -18.08 per cent compared to -14.64 per cent recorded by the FTSE Actuaries All Share […]

Treasury Committee misselling report imminent

The Treasury Select Committee is due to meet this Thursday to discuss a final draft of its report into the pensions review.The draft, as it currently stands, is believed to take on board at least some of the arguments put to the Committee by the embattled IFA Association in June.Liberal Democrat MP and committee member […]


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